Emmis Acquisition and Drugs Made in America II SPAC IPOs Make it Almost 100 for 2025. Kodiak Robotics / Ares DeSPACs. Yorkville Takes Over Sponsorship of Texas Ventures III.
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– Full SPAC Listing
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Daily SPAC Update
DeSPACs
Sep 25: AACT DeSPAC to Kodiak Robotics, Inc. (KDK)
SPAC VOTE RESULTS
IBAC – IB ACQUISITION CORP * Extend * 10,009,120 redeemed * $106,096,672 removed * trust $10.60
NEW SPAC IPOs
Sep 25: EMIS – Emmis Acquisition Corp. $100M IPO
Sep 25: DMII – Drugs Made In America Acquisition II Corp. $500M IPO
Sep 19: LATA – Galata Acquisition Corp. II $150M IPO (+underwriter overallotment: $22.5M)
Sep 16: CHECU – Chenghe Acquisition III $110M IPO (+underwriter overallotment: $16.5M)
OTHER SPAC NEWS
IBAC – IB ACQUISITION CORP * Confirmed Extension to Mar 28, 2026
TVA – TEXAS VENTURES ACQUISITION III CORP * New Sponsor
CCCX – CHURCHILL CAPITAL CORP X * Media Transcript
YORKVILLE TAKES OVER TEXAS VENTURES III
Yorkville took control of Texas Ventures Acquisition III Corp., purchasing 7.5 million Class B founder shares and 4.7 million private placement warrants from the prior sponsor for $7.4 million. As part of the handoff, the entire board and management team resigned, with Yorkville installing new directors and officers at closing. The SPAC will be rebranded as Yorkville Acquisition II as it pursues a merger. Notably, the deal closed even though underwriters did not waive their deferred IPO fee rights, a condition originally required under the Purchase Agreement.
The new Yorkville-led team brings together a mix of seasoned financiers, corporate executives, and political figures. Chairman Mark Angelo, founder of Yorkville Advisors, has overseen more than $7 billion in transactions across 730 companies. He is joined by Omar Hasan, a finance executive with senior roles at Reddit, Snap, and Hulu, and several high-profile figures tied to Trump Media & Technology Group and the Trump Organization, including Devin Nunes, Scott Glabe, Lawrence Glick, and Alan Garten. Rounding out the leadership are Kevin McGurn, a veteran media and tech executive named CEO, and Troy Rillo, a longtime Yorkville partner and securities lawyer serving as CFO. Together, the group combines capital markets expertise, operational leadership, and political and corporate networks as they reposition the SPAC under the Yorkville brand.
SPAC LIQUIDATIONS
Patria Acquisition Corp. (PLAO)-> Liquidation on Sep 26
SPAC Movers
YESTERDAY’S TOP SPAC GAINERS
11.66% ~ $ 17.62 | HOND – HCM II ACQUISITION CORP (Announced)
6.55% ~ $ 13.50 | CCCX – CHURCHILL CAPITAL CORP X (Announced)
3.54% ~ $ 12.88 | WLAC – WILLOW LANE ACQUISITION CORP (Announced)
2.72% ~ $ 12.65 | ISRL – ISRAEL ACQUISITIONS CORP (Announced)
1.23% ~ $ 11.53 | ESHA – ESH ACQUISITION CORP (Announced)
YESTERDAY’S TOP SPAC LOSERS
-23.23% ~ $ 14.20 | ATMV – ALPHAVEST ACQUISITION CORP (Announced)
-7.32% ~ $ 19.74 | CEP – CANTOR EQUITY PARTNERS INC (Announced)
-1.38% ~ $ 12.12 | ATMC – ALPHATIME ACQUISITION CORP (Announced)
-.98% ~ $ 13.12 | DMYY – DMY SQUARED TECHNOLOGY GROUP INC (Announced)
-.88% ~ $ 11.22 | NETD – NABORS ENERGY TRANSITION CORP II (Announced)
LATEST SPAC IPO PERFORMANCE
Sep 25 | EMIS – Emmis Acquisition Corp.
Sep 25 | DMII – Drugs Made In America Acquisition II Corp.
Sep 19 | $ 9.98 | LATA – Galata Acquisition Corp. II
Sep 16 | $ 9.99 | CHECU – Chenghe Acquisition III
Sep 12 | $ 10.06 | OTGA – OTG Acquisition Corp. I
Sep 10 | $ 10.10 | BLZR – Trailblazer Acquisition Corp.
Sep 09 | $ 10.05 | TLNC – Talon Capital Corp.
Sep 04 | $ 10.15 | GSRF – GSR IV Acquisition Corp.
Sep 04 | $ 10.21 | SVAC – Spring Valley Acquisition Corp. III
Aug 27 | $ 10.11 | MBVI – M3-Brigade Acquisition VI Corp.
Aug 27 | $ 10.13 | KOYN – CSLM Digital Asset Acquisition Corp III, Ltd